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United Arab Emirates

April 29, 2026

Abu Dhabi 3:50 pm

35°C

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Analysis

UAE’s OPEC exit rattles cartel as Gulf alliances shift

OPEC's fourth-largest producer will leave the cartel on May 1, marking the most significant departure in the group’s history as the war changes Abu Dhabi's relationship priorities.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

MUMEN KHATIB/AFP via Getty Images

Why UAE's decision to leave OPEC is major shift for cartel

The UAE accounts for 12% of OPEC's output, but tensions had been simmering over intragroup rivalries and the country wanting to export more oil.

United Arab Emirates

Yuichi YAMAZAKI / AFP via Getty Images

First LNG tanker transits Strait of Hormuz since Iran war began

Latest News

UAE to leave OPEC on May 1

Thomas Kronsteiner/Getty Images)

United Arab Emirates

UAE’s cash request tests US ties as Iran war strains Gulf financial muscle

A view of Dubai Marina in Dubai on March 3, 2026.

United Arab Emirates

IEA delivers grim gas supply forecast as oil notches 15% weekly rise

A liquefied natural gas (LNG) tanker is moored at a LNG berth in Kawasaki, Kanagawa, prefecture April 8, 2026.

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Mohammed Soliman

In Washington, DC, reporting on Gulf politics

OPEC

UAE sticks to OPEC+ production limits

The Biden administration is asking Gulf partners to increase production in response to rising oil prices, but so far the cartel is holding to its earlier agreement.

United Arab Emirates

US President Joe Biden announces a ban on US imports of Russian oil and gas, March 8, 2022.

Breaking | Last Updated: March 9, 2022, 6:16 pm

Oil price dips as UAE endorses increased production

Global oil prices have skyrocketed due to the Russian invasion of Ukraine.

United Arab Emirates

BlackRock

UAE partners with US investing firm BlackRock

The New York-based BlackRock signed a memorandum of understanding with UAE's global investment platform Investopia.

United Arab Emirates

KARIM SAHIB/AFP via Getty Images

UAE sends aid to Ukraine

The aid is a departure for the Emirates, which has remained neutral on the Russia-Ukraine conflict so far in a reflection of improving UAE-Russia ties.

United Arab Emirates

Egypt fintech

Regional entrepreneurs say Middle East well-suited for fintech growth

An Atlantic Council event highlighted how fintech can help traditional financial networks and professions in Egypt, Tunisia, and the Gulf.

China jet

China continues inroads in Middle East with plane sale to UAE

The Emirates announced an initial purchase of 12 L-15 light fighter jets from China.

United Arab Emirates

Dubai expo

UAE explores economic cooperation with Cuba

The Abu Dhabi and the Cuban chambers of commerce met at the Expo 2020 Dubai event, and a Cuban minister visited an Emirati renewable energy company.

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Serbia expo 2020

Emirati cloud firm G42 signs agreement with Serbia

The memorandum was signed at the Expo 2020 forum in Dubai.

United Arab Emirates

BERTRAND GUAY/AFP via Getty Images

Afghan evacuees in UAE protest US resettlement delay

From their shelter in Abu Dhabi, the protesters demanded they be resettled in the United States.

United Arab Emirates

JACK GUEZ/AFP via Getty Images

UAE intercepts Houthi ballistic missile as Israeli president visits

The Houthis are warning of additional attacks after the third attempted strike on Dubai and Abu Dhabi this month.

United Arab Emirates

Borja Sanchez Trillo/Getty Images

US warns against travel to UAE over drone, missile threats

The State Department updated its travel advisory following recent attacks on the United Arab Emirates carried out by Yemen's Houthi rebels.

United Arab Emirates

ALEXANDER BOGDANOV/AFP via Getty Images

Mideast airlines halt flights to Kazakhstan amid unrest

Flydubai and Air Arabia have cancelled flights to Almaty as violent anti-government protests roil Kazakhstan’s largest city.

United Arab Emirates